Question: My year-end performance evaluation is just around the corner. I feel that my performance this year has been quite good. Should I take the opportunity to request for a raise from my boss? (Read More Here!)
By Juliet Soh
Key performance indicators (KPIs) and objectives are usually set at the start of each year and it is common practice for companies to conduct a mid-year review between June to August before the year-end review in December.
While year-end reviews aim to give feedback on an employee’s performance for the entire year, and are typically used as justification for promotions and raises, mid-year reviews are a checkpoint for employers to see if employees are meeting targets and if they need additional coaching or assistance to meet their annual goals. Sometimes, KPIs may also be reviewed and realigned based on business changes.
Since the objectives of the mid-year review are different from those of the year-end appraisal, you should prepare for it differently. Here are five tips: